Acorn Re Ltd

Hannover Re’s seventh catastrophe bond offering in the annual Acorn Re parametric US earthquake series of deals has now been successfully priced at the bottom of initial guidance, to secure a 125% upsized $450 million of reinsurance limit from the Acorn Re Ltd. (Series 2026-1) cat bond issuance, Artemis has learned.

Hannover Re has for a second time increased the target size of what will be the seventh catastrophe bond offering in the annual Acorn Re parametric US earthquake series of deals, now seeking $450 million of limit from the Acorn Re Ltd. (Series 2026-1) issuance, Artemis understands.

Hannover Re’s seventh catastrophe bond offering in the annual Acorn Re parametric US earthquake series of deals looks set to grow, as the target size for this issuance has been raised by 75% to now seek $350 million of limit from the Acorn Re Ltd. (Series 2026-1) issuance, sources have said.

Global reinsurance firm Hannover Re is bringing the seventh catastrophe bond offering in the annual parametric US earthquake risk series of deals, with an initial $200 million target for an Acorn Re Ltd. (Series 2026-1) issuance, Artemis has learned.

The sixth transaction in the Acorn Re parametric earthquake catastrophe bond series from global reinsurance firm Hannover Re has now been finalised so that this Acorn Re Ltd. (Series 2025-1) transaction will provide $240 million of protection, while the spread paid to noteholders will be below the initial price guidance.

The sixth transaction in the Acorn Re parametric earthquake catastrophe bonds from global reinsurance firm Hannover Re looks likely to increase in size and price down, with this Acorn Re Ltd. (Series 2025-1) transaction now targeted at between $225 million and $275 million in size, with lower spread guidance.

There is a sixth transaction in the Acorn Re parametric earthquake catastrophe bonds from global reinsurance firm Hannover Re in the market, with this Acorn Re Ltd. (Series 2025-1) issuance currently offering $200m of notes to cat bond investors, Artemis has learned.

The Acorn Re Ltd. (Series 2024-1) parametric earthquake catastrophe bond issuance has now been priced and its details finalised, with the issuance successfully upsized to provide $450 million of protection, while pricing was fixed below the initial guidance that was offered, Artemis can report.

We’ve learned that the targeted issuance size has increased to as much as $450 million for the Acorn Re Ltd. (Series 2024-1) parametric earthquake catastrophe bond issuance, while at the same time the price guidance has been lowered to below the initially offered range.

There is a new parametric earthquake catastrophe bond transaction in the market, the fifth in the series of Acorn Re deals. But for the first time this $400 million Acorn Re Ltd. (Series 2024-1) issuance features two tranches of notes, each with a different duration of coverage, Artemis has learned.